IMB Christmas Club
- Maximum variable rate
- 3.00% p.a.
- Base interest rate
- 3%p.a.
- Minimum deposit
- $0
Summary
Take the worry out of Christmas spending with an account that makes it easy to save up all year for it.
This account is designed to help cover your Christmas expenses. You pay no account or transaction fees and earn bonus interest if you don't spend any money in the account until November or December.
The downside is you can't access the money before then. And you could earn more interest somewhere else, if you have the discipline to avoid spending the money before the festive season.
Pros
-
Earn bonus interest for regularly saving
-
Prepare for Christmas
-
No monthly account keeping fees
Cons
-
Can only access during November and December
Details
Key details
Product Name | IMB Christmas Club |
Maximum Variable Rate | 3.00% p.a. |
Standard Variable Rate | 3.00% p.a. |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $0 |
Minimum Age | 18 |
Your reviews
Alison Finder
Editor
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